U.S. Housing Market Updates
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Mid-Atlantic Home Sales Up 6.2% Year-Over-Year
The median sold price in the Bright MLS Mid-Atlantic region was $419,900 Continue Reading Mid-Atlantic Home Sales Up 6.2% Year-Over-Year
Study: 20% of California Residents Worried About Covering Housing Costs
The survey found 15.6% of adults taking on an additional job or more work at their current job to cover their housing costs. Continue Reading Study: 20% of California Residents Worried About Covering Housing Costs
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Foreclosure Activity Up 13% Year-Over-Year
Lenders started the foreclosure process on 24,302 properties last month, up 12% from June and up 11% from July 2024. Continue Reading Foreclosure Activity Up 13% Year-Over-Year
Jennifer Beeston Debuts ’60-Minute Homebuyer’ Course
“When people truly understand the process, they will succeed,” said Beeston. Continue Reading Jennifer Beeston Debuts ’60-Minute Homebuyer’ Course
$110 Million LA Estate of Aaron Spelling Tops List of July’s Most Expensive Home Sales
The Spelling Manor’s $110 million sale price was far greater than the runner-up on the list, a $51 million transaction in Delray Beach, Florida. Continue Reading $110 Million LA Estate of Aaron Spelling Tops List of July’s Most Expensive Home Sales
FHLBank Chicago Offers $50 Million in Interest Rate Subsidies to Expand Affordable Housing
FHLBank Chicago has already committed more than $110 million in community investment support in 2024. Continue Reading FHLBank Chicago Offers $50 Million in Interest Rate Subsidies to Expand Affordable Housing
Century Communities Revives Online Homebuying Sales Event
Among the benefits of the event are discounts of up to 25% off rates with competitive financing and rate lock programs. Continue Reading Century Communities Revives Online Homebuying Sales Event
Report: Biden to Unveil New Rent Control Proposal
Biden’s proposal would remove a tax benefit from landlords who increase their tenants’ rent more than 5% each year. Continue Reading Report: Biden to Unveil New Rent Control Proposal
Four MLSs in Florida Launch Coast 2 Coast MLS Data Share
A fifth group, the Hernando County Association of Realtors, will join the data share towards the end of 2024. Continue Reading Four MLSs in Florida Launch Coast 2 Coast MLS Data Share
Steve Jobs’ Widow Breaks San Francisco Record with $70 Million Home Purchase
Laurene Powell Jobs paid approximately $70 million to acquire a four-story, 17,300-square-foot mansion in the Pacific Heights section. Continue Reading Steve Jobs’ Widow Breaks San Francisco Record with $70 Million Home Purchase
Hits and Misses for the Real Estate Week of July 8-12
This week’s Hits and Misses considers Denver’s affordable housing, the response to Hurricane Beryl and too many empty offices in San Francisco. Continue Reading Hits and Misses for the Real Estate Week of July 8-12
Indiana Home Sales Down While Prices Rise
There were 8,896 new listings last month, down 7% from May and down 5% from June 2023. Continue Reading Indiana Home Sales Down While Prices Rise
Fair Housing Complaints Reach Record High for Third Straight Year
NFHA added that most of the housing discrimination incidents that occur go unreported. Continue Reading Fair Housing Complaints Reach Record High for Third Straight Year
The Mysterious Buyer of the $135 Million NYC Penthouse is Revealed
The buyer was very familiar with the property. Continue Reading The Mysterious Buyer of the $135 Million NYC Penthouse is Revealed
Carrington Mortgage Services to Provide Section 184 Loans for Native Americans
Section 184 home mortgage loans are fully available in 24 states. Continue Reading Carrington Mortgage Services to Provide Section 184 Loans for Native Americans
